| | Today's Headlines May 12, 2010 | | |
| Spanish Broadcasting System's radio revenue was up 12 percent in the first quarter, to $27.1 million from $24.2 million in Q1 of 2009. Overall, SBS saw an 11 percent revenue boost in the quarter, to $30.8 million. Additionally, the company will not proceed with a reverse stock split. | | | Business | | | | Sponsored by | Clear Channel was the top radio biller in 2009, says BIA/Kelsey, bringing in $2.4 billion from its 847 stations in 153 markets. CBS Radio came in second, with $1.3 billion in revenue, followed by Citadel, with $595.4 million. | | | | | Saga Communications reports revenue of $28 million for the first quarter of the year, up 7.1 percent from $26.1 million in Q1 2009. Net income was $3.3 million (78 cents per share), compared to a net loss of $362,000 (9 cents) a year ago. | | SparkNetworks signs an agreement that will make it the exclusive representative for Dial Global's content and prep services in Canada. | | ADVERTISEMENT -- REALTORS® spend $1 billion annually to market their services and 30% are ready to buy radio! See the video from the NATIONAL ASSOCIATION OF REALTORS® Annual Conference. Read more. | | | Technology | | | | Sponsored by | Clear Channel's Total Traffic Network signs a new multiyear deal to supply lifetime traffic updates on several TomTom portable navigation units. The service offers updates for the life of the device at no added charge. | | | Industry | | | | Sponsored by | Talk Radio Network adds weekend health show Just Ask Nish, hosted by Nisha Jackson. | | |
| Daniel Anstandig, president of McVay New Media, is one of the sharpest minds in the business when it comes to the intersection of traditional and online media, and he'll be hosting the two-part "Looking Forward" session that opens the second day of Radio Ink's Convergence 2010. The session will begin with Anstandig's "Power Brief on the Future" -- 10 minutes covering 10 technology trends that are shaping the future of radio for both audience and advertisers. That'll be followed by a panel on the "Evolution of Music Consumers." Anstandig will be talking with Josh Bonnain, VP of global business development at Grooveshark, and Tim Quirk, VP of music programming for Rhapsody. It's a discussion you won't want to miss. Early registration for Convergence ends Friday! Register now and save $200. | | | Radio Ink | | | |
| Click the headline to view Radio Ink Publisher/CEO Eric Rhoads' complete "Radio Reinvention" presentation at the Cumulus corporate meetings earlier this month. | | The Apple iPad is out now, and Radio Ink magazine is there, the first radio industry publication on the iPad and one of the first of all publications. With the iPad's touchscreen, you can flip through the digital edition just as you would a copy of the magazine, with live links, interactive ads, links to video, and with more interactive features on the way. | | If you've been displaced by the changes in the business or are seeking a new opportunity, Radio Ink wants to help. Put your name in front of the industry with a free listing in Radio Pros Available. And we'll be happy to post your aircheck or demo, or a link to your website. Click the headline to learn more. | | |
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